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Malaysian "Bail-Outs"?: Capital Controls, Restructuring and Recovery

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Malaysian "Bail-Outs"?: Capital Controls, Restructuring and Recovery - Jomo, Kwame Sundaram, and Ching, Wong Sook, and Fay, Chin Kok
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As Malaysia's government responded to the 1997-98 financial crisis, the global financial community criticised its measures as bail outs for politically-influential corporate interests. When the economy recovered strongly in 1999 and 2000, Malaysian leaders claimed that their policies, including the capital controls so widely criticised at the time, were in fact responsible for recovery. This book sets the record straight: refuting both sets of claims, and bringing a refreshing new perspective on the crisis and its aftermath ...

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Malaysian "Bail-Outs"?: Capital Controls, Restructuring and Recovery 2005, NUS Press, Singapore

ISBN-13: 9789813250857

Paperback